Homeless Heroes Inc
Overview
Mission
Helping homeless veterans.
What it reported doing in 2024
Repairs and maint of building for homeless vets
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 842091914
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2022
- Headquarters
- Amarillo, TX, USA
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 87
- Accountability: 0
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.4%; rating input score 0
- Program expense ratio: 2.2%; rating input score 2
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 0 of 7 controls in place; rating input score 0
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 80.4%; rating input score 98; 98th percentile among comparable filings
- Operating reserve ratio: 16.1; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 39.9% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 89.6% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 0.4% of revenue deployed · 2.2% of spending went to programs
- Governance: 0 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $8K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 2 annual filings from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.